Agilent Technologies said in a securities filing Monday that a year-long FCPA investigation into sales practices in China by third-party intermediaries and company employees ended this month, with both the SEC and DOJ saying they wouldn't bring an enforcement action.
We explained in the prior post that the MRA is a seemingly absolute bar to using settlement money to fund community programs (or anything else, for that matter). After all, the statute is unequivocal: any government official “receiving money for the Government from any source shall deposit that money with the Treasury.” 31 U.S. § 3302(b).
A federal court Monday dismissed a securities fraud lawsuit against Avon Products that alleged the company concealed that it didn't stop bribery in China because doing that would have hurt its business there.
Burke & Herbert Bank & Trust must develop a new top-to-bottom compliance program and hire people to run it under the terms of an order issued by the Federal Deposit Insurance Corporation.
Walmart has not produced any of the files ordered released by the Delaware Supreme Court in its July 23 opinion. The Delaware case could be dismissed in a chain reaction involving a similar case in Walmart’s home state, Arkansas, before any files are produced.
The U.S. Attorney in Manhattan is investigating Germany's Commerzbank AG for alleged violations of money-laundering laws, the Wall Street Journal reported Friday.
We’ve heard it so many times: the Miscellaneous Receipts Act prohibits federal enforcement agencies from doing anything with settlement money other than depositing 100% of it in the U.S. Treasury.
Job Title: Assistant U.S. Atorrney
Location: Detroit, Michigan
Employer: U.S. Attorneys Office, Eastern District of Michigan
Hewlett-Packard Co. is facing a possible 10-year ban on selling products and services to the Canada government following a guilty plea earlier this month to criminal FCPA charges by a Russian subsidiary.